HIGEN HOLDING AS

8072 BODØ

Finances

Return on Equity

−11,86 %

Current Ratio

53,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	12 000	12 000	40 000
Net Income	−5 833 000	4 234 000	4 963 000	2 997 000
Total Assets	49 432 000	66 031 000	66 874 000	61 967 000
Total Equity	49 186 000	54 868 000	61 633 000	61 670 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	12 000	12 000	40 000
Expenditure	1 600 000	1 194 000	1 756 000	1 315 000
Operating Profit	−1 600 000	−1 182 000	−1 743 000	−1 275 000
Financial Income	2 753 000	8 506 000	8 039 000	3 238 000
Financial Costs	7 296 000	3 013 000	2 042 000	−979 000
Financial Balance	−4 543 000	5 493 000	5 997 000	4 217 000
Earnings Before Tax	−6 143 000	4 311 000	4 253 000	2 943 000
Tax	−310 000	77 000	−710 000	−54 000
Net Income	−5 833 000	4 234 000	4 963 000	2 997 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 359 000	45 909 000	50 232 000	52 973 000
Total Current Assets	13 073 000	20 122 000	16 642 000	8 994 000
Total Assets	49 432 000	66 031 000	66 874 000	61 967 000
Total Retained Equity	7 090 000	12 923 000	19 688 000	19 725 000
Total Equity	49 186 000	54 868 000	61 633 000	61 670 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	245 000	11 164 000	5 240 000	297 000
Total Equity and Debt	49 432 000	66 031 000	66 874 000	61 967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	12 000	12 000	40 000
Other Income	0	0	0	0
Revenue	0	12 000	12 000	40 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 465 000	1 019 000	1 591 000	998 000
Depreciation	14 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	1 600 000	1 194 000	1 756 000	1 315 000
Operating Profit	−1 600 000	−1 182 000	−1 743 000	−1 275 000
Financial Income	2 753 000	8 506 000	8 039 000	3 238 000
Financial Costs	7 296 000	3 013 000	2 042 000	−979 000
Financial Balance	−4 543 000	5 493 000	5 997 000	4 217 000
Dividends	0	11 000 000	5 000 000	228 000
Net Income	−5 833 000	4 234 000	4 963 000	2 997 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	997 000	688 000	764 000	54 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	41 000	0	0
Total Tangible Assets	27 000	41 000	0	0
Total Fiancial Fixed Assets	35 334 000	45 181 000	49 468 000	52 918 000
Total Fixed Assets	36 359 000	45 909 000	50 232 000	52 973 000
Stock	0	0	0	0
Total Investments	12 582 000	16 262 000	15 350 000	7 732 000
Cash, Bank	469 000	3 716 000	1 023 000	1 211 000
Total Current Assets	13 073 000	20 122 000	16 642 000	8 994 000
Total Assets	49 432 000	66 031 000	66 874 000	61 967 000
Total Equity	49 186 000	54 868 000	61 633 000	61 670 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	6 000	0	0
Unpaid Taxes	73 000	47 000	85 000	64 000
Dividends	0	11 000 000	5 000 000	228 000
Other Current Debt	172 000	111 000	155 000	5 000
Total Current Debt	245 000	11 164 000	5 240 000	297 000
Total Equity and Debt	49 432 000	66 031 000	66 874 000	61 967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,86 %	7,72 %	8,05 %	4,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−9 850 %	−14 525 %	−3 187,5 %
Current Ratio	53,36	1,8	3,18	30,28
Quick Ratio	53,36	1,8	3,18	30,28
Equity Ratio	1	0,83	0,92	1
Gross Profit Margin	-	100 %	100 %	100 %